L’evy-Flow Models: Heavy-Tail-Aware Normalizing Flows for Financial Risk Management
arXiv:2604.00195v1 Announce Type: new Abstract: We introduce L’evy-Flows, a class of normalizing flow models that replace the standard Gaussian base distribution with L’evy process-based distributions, specifically Variance Gamma (VG) and Normal-Inverse Gaussian (NIG). These distributions naturally capture heavy-tailed behavior while…
